Compliance & Regulation

The Financial Conduct Authority (FCA) has thrown down the gauntlet to insurers to consider neurodivergent individuals when designing products. FCA senior adviser for equality Georgina Philippou said the regulator wants firms to...

The Financial Conduct Authority's (FCA) fair value product rules have come into force today. The rules ensure that general insurance products, including health and protection policies, must be assessed to ensure they...

The Financial Conduct Authority’s (FCA) proposed consumer duty means advisers can no longer avoid having conversations about protection, but they should treat incoming regulations as a positive intervention in client conversations, according...

Mortgage Advice Bureau’s (MAB) income from protection and general insurance commission rose 36% in the first half of 2021 to hit almost £36m. The advice network grew its insurance income from £26.3m...

Introducing simple protection policies, group risk auto-enrolment and microinsurance products would help reduce lower-income customers’ exclusion from insurance, the Institute and Faculty of Actuaries (IFoA) has said. The panel of lower-income people...

A financial adviser has been banned and stripped of his permissions by the Financial Conduct Authority (FCA) after failing to declare more than £407,000 of income to HM Revenue & Customs (HMRC)...

Complaints about income protection (IP) insurance dropped by a fifth in the first three months of the 2021-22 financial year, according to the Financial Ombudsman Service (FOS). Overall complaints regarding the health...

The Health and Social Care Committee of MPs has launched an inquiry into NHS litigation reform. The committee will consider the case against a background of a "significant" increase in costs, and...

The Financial Ombudsman Service (FOS) saw a 66% increase in fraud and scam complaints in the first quarter of the 2021/22 financial year. The body revealed that complaints had increased to 5,025...

The Financial Conduct Authority (FCA) is prepared to be much more aggressive in taking legal action against firms and individuals it believes are acting improperly in the financial services sector. The regulator...